Welcome to MLX. I'm not WB but I've been around here for some time and think I can answer your questions.
1. It seems they switched from reporting the imputed tin price net of TC/RC (see point 2) to the prevailing (pre TC/RC) tin price.
2. TC/RC in the mining sense generally refers to treatment and refining charges. Think of it as the tin price achieved after treatment and refining charges have been paid. ie realised tin price.
3. The reporting is done from a Renison tin operation perspective, and also at 100% of the operation perspective as per the heading. MLX only owns 50% of the operation. Those figures are what are "imputed" to the JV partners. With regards to the second half of your questions, we already determined in the second bullet point that they do not actually receive an average of the LME spot price because of TC/RC charges. They receive the LME spot bid price minus TC/RC costs.
4. Those selling costs are essentially the TC/RC costs. You'll note that the tin price minus those selling costs are the same as the tin price net of tc/rc (i.e. if we use Dec 22 ($32,149 - $3,838 = $28,311) (Tin price - selling costs = tin price net of TC/RC)).
- Forums
- ASX - By Stock
- MLX
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-127
-
- There are more pages in this discussion • 179 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MLX (ASX) to my watchlist
|
|||||
Last
39.5¢ |
Change
0.005(1.28%) |
Mkt cap ! $357.9M |
Open | High | Low | Value | Volume |
38.5¢ | 40.0¢ | 38.5¢ | $379.3K | 963.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 238777 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 284119 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 261142 | 0.390 |
5 | 396804 | 0.385 |
17 | 174318 | 0.380 |
5 | 186903 | 0.375 |
12 | 392912 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 279387 | 13 |
0.405 | 122283 | 4 |
0.410 | 237212 | 8 |
0.415 | 66325 | 4 |
0.420 | 61530 | 6 |
Last trade - 12.33pm 19/06/2024 (20 minute delay) ? |
Featured News
MLX (ASX) Chart |
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online